December 2021 Market Update

KEY TAKEAWAYS:

• 397 residential units were sold in Simcoe County last month— a 36.8% decrease from November 2021. During the same time a year ago, there was an 29.3% decrease from November to December
• Average price of residential units sold in Simcoe County was $869,754, which was 3.5% higher than November 2021
• 136 units were sold during December 2021 within the City of Barrie—32.0% less than the number of units sold in December 2021. A year ago, the number of units sold between November and December decreased 25.4%
• Average price of residential Barrie units sold during December 2021 was $854,437—2.7% more than the average sale price during November 2021
• The property type with the largest price gain was the Townhouse/Condo segment, where prices increased 34.6 percent to $585,500
• Market-wide, inventory levels were down 40.9 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 31.9 percent